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HomeBusinessPakistan seeks early $1.3bn loan refinancing from China

Pakistan seeks early $1.3bn loan refinancing from China

Pakistan has formally asked China to complete the refinancing of a $1. 3 billion commercial loan at the earliest. Officials hope the funds will strengthen the country’s foreign exchange reserves. Meanwhile, both sides are working to finalize the remaining terms and conditions. Read More: Pakistan repays $2. 2bn in external debt during July According to government sources, Pakistani and Chinese

Read full story on Daily Times – Latest Pakistan News, World, Busines

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